After raising $730M, UK chip startup Graphcore reported just ~$5M in 2021 revenue and a $183M loss; Microsoft, an investor, reportedly declined to use its chips (Mark Bergen/Bloomberg)

Mark Bergen / Bloomberg:
After raising $730M, UK chip startup Graphcore reported just ~$5M in 2021 revenue and a $183M loss; Microsoft, an investor, reportedly declined to use its chips  —  Nvidia is riding the AI wave to absurd heigh…

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US job openings unexpectedly rise in April

US job openings unexpectedly rose in April and data for the prior month was revised higher, pointing to persistent strength in the labor market that could compel the Federal Reserve to raise interest rates again in June. Job openings, a measure of labo…

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